
Los Angeles, California 90066
This Traditional Del Rey Residence serves as a strategic Value-Add Asset listed at $1,395,000, positioned accurately at its $1,387,274 Fair Market Value. Boasting a Condition Rating of 4, the well-maintained 1950s structure is move-in ready while offering significant upside through SB 9 development potential or modern renovations. The property features a private patio, mature landscaping, and a prime corner lot within the 9/10 Farragut Elementary School boundary. It represents a stable Westside investment for Owner-Occupants or Developers targeting the Silicon Beach tech corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12606 Bonaparte Avenue Subject | $1,395,000* List Price | 3 | 2 | 1,129 | $1,229 | - |
A 12516 Greene Avenue Sold | $1,300,000 | 3 | 2 | 1,248 | $1,042 | 0.1 mi |
B 4256 Neosho Avenue Sold | $1,475,000 | 3 | 2 | 1,246 | $1,184 | 0.4 mi |
C 4040 Tivoli Avenue Sold | $1,355,000 | 2 | 2 | 1,099 | $1,233 | 0.9 mi |
D 12106 Herbert Street Sold | $1,600,000 | 2 | 2 | 1,115 | $1,435 | 0.7 mi |
E 12717 Culver Boulevard Active Under Contract | $1,225,000 List Price | 3 | 2 | 1,264 | $969 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1950s home that is functional but aesthetically dated. The kitchen features older oak-style cabinetry and white appliances, while the bathrooms show tile work and fixtures from a previous renovation period (likely 20+ years ago). While the home is move-in ready and clean, the overall style, green carpeting in bedrooms, and original architectural elements indicate it has not undergone a full modern renovation, aligning with the 'fair' criteria for aged but maintained properties.
Elementary School: Farragut Elementary School (9/10).
Situated in the highly coveted Del Rey neighborhood, this property offers exceptional proximity to Silicon Beach tech hubs, Marina del Rey, and Venice Beach.
The corner lot positioning and eligibility for California Senate Bill 9 (SB 9) present a significant opportunity for investors or builders to maximize the property's density and value.
With only 1,129 square feet of living area for a three-bedroom configuration, the interior may feel restrictive for buyers seeking modern, open-concept layouts.
Built in 1950, the residence likely requires substantial updates to its core systems and finishes to meet the expectations of today’s luxury Westside buyers.
Welcome to 12606 Bonaparte Avenue a charming, well-maintained traditional home built in 1950, ideally situated on a desirable corner lot in the highly coveted Del Rey neighborhood of West Los Angeles. This inviting residence blends classic craftsmanship with excellent potential for future opportunities. Featuring a timeless single-family layout, the home enjoys abundant natural light, mature landscaping, and a quiet residential setting just minutes from Marina del Rey, Playa Vista, and Venice. Del Rey offers a blend of tranquil streets, community parks, and quick access to local amenities, shopping, schools, and major transportation routes. It's one of Los Angeles' most dynamic neighborhoods, balancing a relaxed coastal feel with proximity to major tech and creative hubs. While the broker makes no representations regarding development potential, builders or investor-developers may wish to consult with their professional advisors regarding possible improvements to the existing structure or explore possible California Senate Bill 9 (SB 9) options. A detailed Brickwork Analysis is available by request, summarizing the City of Los Angeles' publicly available SB 9 guidelines with illustrative massing models. This report is for informational purposes only and does not constitute legal advice or guarantee any entitlement or approval. All proposed projects remain subject to official City review and compliance with applicable zoning, building, and environmental regulations. An exceptional opportunity in one of Los Angeles' most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,129 | 1,809 | 13% |
| Lot Size | 5,002 | 5,683.5 | 26% |
| Price | $1.40M | $2.00M | 18% |
| Price per sq ft | $1.2K | $1.2K | 61% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 168 | 1% |
Apr 6, 2026
$1,395,000
Initial Listing